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The majority of the poor live in rural, isolated, mountainous or disaster prone areas, where physical infrastructure and public service are relatively undeveloped. [27] The poor often lack production means and cultivated land. [27] They have limited access to the state credit and often access through back credit with very high interest. [27]
The majority of the working poor in the Philippines are informal or non-wage workers who are not protected by the Philippine Government's minimum wage policy. Only about half of the working poor are wage workers. In 2015, over 90 percent of low-paid workers are employed informally, making them ineligible for minimum wage protection.
Despite Vietnam's alignment with the Soviet Union and the Philippines with the United States during the Cold War, bilateral ties between the two countries can be recently described as friendly. On October 26, 2011, Vietnamese President Truong Tan Sang made a state visit to the Philippines where he met with his Filipino counterpart, President ...
The Philippines wants to boost cooperation on rice with Vietnam to ensure its food security, Philippine Agriculture Secretary Francisco Tiu Laurel said during a visit to Vietnam over the weekend.
Vietnam said on Friday it is willing to talk to the Philippines to seek measures that are in line with the interests of both countries, after Manila last week filed a claim with the U.N. to an ...
Vietnam was the world's third-largest rice exporter last year after India and Thailand, and the Philippines is its largest buyer, filling nearly 90% of its import needs.
The primary social issues in Vietnam are rural and child poverty. Vietnam scores 37.6 in the Gini coefficient index of wealth inequality, with the top 10% accounting for 30.2% of the nation's income and the bottom 10% receiving 3.2%. In 2008, 14% of the population lived below the national poverty line of US$1.15 per day.
GDP per capita development in Vietnam. The economy of Vietnam is a developing mixed socialist-oriented market economy. [3] It is the 33rd-largest economy in the world by nominal gross domestic product (GDP) and the 26th-largest economy in the world by purchasing power parity (PPP). It is a lower-middle income country with a low cost of living.